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Butterfield Bank shares rose for a second successive day driving the Royal Gazette/Bermuda Stock Exchange (BSX) Index to a 25-point gain. Butterfield rose 50 cents (0.9 percent) on the trading of 2,735 shares, to close at $58.50 ? representing a two-...

TORONTO (Bloomberg) — Canadian stocks retreated, sending the Standard & Poor’s/TSX Composite Index to its biggest drop in five weeks, on concern that profit growth may falter and bad loans increase.Computer-related shares such as Research In Motion L...

Butterfield Bank shares rose for a second successive day driving the Royal Gazette/Bermuda Stock Exchange (BSX) Index to a 25-point gain.Butterfield rose 50 cents (0.9 percent) on the trading of 2,735 shares, to close at $58.50 — representing a two-d...

MUMBAI, India (AP) — Indian outsourcing companies should expand their operations to other low-cost countries if they want to maintain their edge, experts said yesterday at an international software conference.Setting up call centres, back-office oper...

NEW YORK (Bloomberg) — Aon Corp., the world’s second-largest insurance broker, reported unchanged fourth-quarter profit and said it discovered “incorrect measurement dates” for certain stock options granted in 2000 and earlier.Net income was $224 mil...

Bermuda company Aspen Insurance Holdings Ltd. fourth-quarter profits nearly tripled, as the company announced record full-year earnings of $378.1 million last night. Net income was $119.5 million for the last three months of 2006, or $1.20 per share....

British Airways will begin limiting some of its long haul passengers to a single bag per passenger — and charging them $120 ($236) per flight for every extra piece of luggage each way, the company said this week. But flights to and from Bermuda will ...

Bermuda insurer and reinsurer Quanta Capital Holdings Ltd. has been accused of violating US federal securities laws in a class action lawsuit filed in the US District Court in New York. Two US law firms last night announced their involvement in the a...

LEXINGTON, South Carolina (AP) — A former top executive of a mortgage lending company was sentenced to 20 years in prison after defrauding 8,000 investors out of millions of dollars in one of South Carolina's biggest bankruptcies.Ronald Sheppard, 49,...

The risk of Bermuda having its “life-blood” ocean-bed telecommunications cables severed — leaving the Island’s international businesses cut off from the rest of the world — is one of the considerations driving moves to re-organise the sector. And tha...